Durable Medical Equipment (DME) Market Growing at 6.3% CAGR by 2027

Diana J. Smith

The MarketWatch News Department was not involved in the creation of this content.

Jan 21, 2021 (Market Insight Reports) —
Nova One Advisorrecently added a research report, Durable Medical Equipment (DME) market – global industry size, share analysis, market dynamics, market risk factors, market opportunities and challenges. Segment forecast and the geographical distribution of the global market, profitability graph and the regional outlook of this business vertical.

The global Durable Medical Equipment (DME) market is predicted to advance with the CAGR of 6.3% over next 8 years and reach around US$ 261.1 billion by 2027

Durable Medical Equipment (DME) is any equipment that provides therapeutic benefits to a patient in need because of certain medical conditions and/or illnesses. Durable Medical Equipment (DME) consists of items which are primarily and customarily used to serve a medical purpose.

DME includes, wheelchairs (manual and electric), hospital beds, traction equipment, canes, crutches, walkers, kidney machines, ventilators, oxygen, monitors, pressure mattresses, lifts, nebulizers, electrical blankets etc.

North America dominated the global durable medical equipment (DME) market in 2019 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, research, and treatment platforms, rising incidence of chronic and cardiovascular diseases, and presence of a large number of manufacturers are expected to drive the market in North America.

Asia Pacific is likely to be a highly lucrative market for durable medical equipment (DME) and it is expected to expand at a high CAGR during the forecast period

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Durable Medical Equipment (DME) market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Durable Medical Equipment (DME) market growth.

The Durable Medical Equipment (DME) market report is anall-inclusive study and presentation of drivers, challenges, opportunities, demand influences, market revenue, predictions, and trends in the global Durable Medical Equipment (DME) market over the period of 2020 to 2027.Growth matrix offers an analysis of the product segments and regions that market participants should emphasis to capitalize, consolidate, and diversify.

Request Coronavirus Impact Analysis on This [email protected] https://www.novaoneadvisor.com/report/sample/3913

Porter’s five forces model in the report offers perceptions into the competitive rivalry, buyer and supplier positions in the market and prospects for the new participants in the global Durable Medical Equipment (DME) market over the period of 2020 to 2027.

Durable Medical Equipment (DME) Market Report Coverage

Report Characteristics

Details

Historical Years

2016-2019

Base Year (2020) Market Size

USD 261.1 Billion By 2027

Forecast Period

2020-2027

Compound Annual Growth Rate (CAGR) %

6.3%

Report Coverage

Revenue Estimation and Outlook, Segmentation Analysis, Market Trends, Pre and Post COVID-19Impact of Analysis, Market Indicators, Competitive Landscape, Product Benchmarking, Company Profiling

Market Size by Segments

By Equipment Type By End-user, By Technology and By Geography

Crucial Competitors and Market Share Analysis

Increasing strategic alliances, mainly acquisitions and collaborations among vital market companies, along with ground-breaking product promotions are some of the crucial tactic flourishing the market. The key players operating in this market include Stryker Corporation, Medtronic plc., Medline Industries, Inc., BD, Hill-Rom Holdings, Inc., Drive DeVilbiss Healthcare, Inc., Invacare Corporation, Sunrise Medical (US) LLC, and ResMed, Inc.

Download This Full Research Report, Click [email protected] https://www.novaoneadvisor.com/report/checkout/3913

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

  • Global Durable Medical Equipment (DME) Market, by Equipment Type

    • Personal Mobility Devices

      • Wheelchairs

      • Crutches & Canes

      • Walker

      • Others

    • Bathroom Safety Devices

      • Commodes

      • Toilet Rails/Frames

      • Others

    • Medical Furniture

      • Medical Beds

      • Matress

      • Strechers

      • Lift Chairs

      • Others

    • Monitoring and Therapeutic Devices

      • Blood Glucose Monitor

      • Oxygen Equipment

      • Infusion Pumps

      • Vital Sign Monitors

      • Others

    • Global Durable Medical Equipment (DME) Market, by End-user

      • Hospitals

      • Long Term Care Centers

      • Ambulatory Surgical Center

      • Home Care Settings

      • Others

Geographically, this research study covers the comprehensive analysis of revenue, consumption, and Market share and growth rate, historic and forecast (2020-2027) of the following regions:

  • North America
  • Europe

    • Germany

    • United Kingdom

    • Italy

    • France

    • Rest of EU

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of APAC

  • Latin America

    • Brazil

    • Argentina

    • Rest of Central & South America

  • Middle East and Africa

    • GCC

    • North Africa

    • South Africa

Key Benefits Delivered by this report:

  • Comprehensive coverage of all the segments in the Durable Medical Equipment (DME) market to scrutinize the trends, developments in the global market and prediction of market size up to 2027.

  • All-inclusive analysis of the global as well as regional markets of the Durable Medical Equipment (DME) market.

  • Complete scrutiny of the players functional in the global Durable Medical Equipment (DME) market. The company profile comprises analysis of product offering, financials, SWOT analysis and up-to-date developments of the company.

Table of Contents

Global Durable Medical Equipment (DME) Market Research Report 2020 – 2027

Chapter 1 Durable Medical Equipment (DME) Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Durable Medical Equipment (DME) Market Forecast

Download This Full Research Report, Click [email protected] https://www.novaoneadvisor.com/report/checkout/3913

Contact Us:

Nova One Advisor

URL – https://www.novaoneadvisor.com/

Mailing Address: 237 West 35th Street, Suite 605, New York, NY 10001, USA

COMTEX_378289267/2599/2021-01-21T18:17:12

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Next Post

Make the most of online wellness

© Provided by Cover Media During January, Google searches for “Best Fitness Apps” rose 600 per cent, so despite the pandemic, we’re still finding time to dedicate to health and wellness goals in 2021. And with gyms closed around the world, it’s no wonder we’re turning to technology to help […]